In the wake of the last recession, government spending dried up, dragging out the recovery. Policymakers warn against letting that happen again.
I have proof, the actual data which the NYT has none:
Here it is. Recessions grow longer as California's public sector needs rebuilding. This is not repairable by anything the Swamp can do.
The whole scam about the stimulus of 2009 was about covering up the oil shortages.
The NYT and Krugman and Delong were all part of the scam. We saw Brad deliberately acknowledge the oil problem then suddenly change his mind when California needed a bailout. The whole progressive scam was about saving the California public sector.
Now California has not done a thing to fix the problem, and the same group are pulling the same scam. The cost of some 200 billion in Fed taxes, laid upon the middle class while wealthy people get wealthier. It is time to devalue, it is time to ignore the Phelps, Delongs, and Krugmans.
The selection of Kamala is an effort to attempt another bailout of California pensions, and good luck on getting the flyover country to agree.
Here is a chart that explains to 2008 recession, ex post:
The scam has been uncovered, the parties identified, there is little more to say. They will continue the scam, as is their right. But we should mostly ignore them.
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